Argentina: Saputo to sell 80% stake in dairy unit to Gloria Foods
Saputo, the Canadian dairy processor, has entered into a definitive agreement to sell an 80% interest in its Argentine dairy division to Gloria Foods for an enterprise value of approximately C$855 million ($630 million). The transaction involves Molfino Hermanos, the Argentine subsidiary that operates two manufacturing facilities and owns local brands including La Paulina, Ricrem […]
France: Carrefour to sell Romanian subsidiary to Paval Holding
Carrefour, the French multinational retail group, has entered into exclusive negotiations with Paval Holding for the sale of its entire Romanian operations based on an enterprise value of €823 million ($976 million). The transaction, which is anticipated to complete in the second half of 2026, involves a multi-format network of 478 stores. This includes 55 […]
Spain: Cerealto sells pasta business to Cerealis
Cerealto, the Spanish private-label manufacturer, has agreed to divest its pasta business to the Portuguese food group Cerealis. The deal includes the transfer of Cerealto’s manufacturing facility in Venta de Banos, Palencia, along with approximately 125 employees. According to Cerealto, the move aligns with its strategic decision to focus resources on its “core” categories of […]
India: Reliance Consumer Products acquires Southern Health Foods
Reliance Consumer Products Limited (RCPL), the fast-moving consumer goods arm of Reliance Industries, has acquired the Chennai-based health food manufacturer Southern Health Foods for 156.4 crore INR ($17.2 million). Effective from 9th February, Southern Health Foods became a wholly owned subsidiary of RCPL following the acquisition of a 100% equity stake. Best known for its […]
Japan: Kirin to sell Four Roses to E&J Gallo
Kirin , the Japanese beverage giant, has reached an agreement to sell its Four Roses Distillery business to US-based winemaker E&J Gallo for a total consideration of up to $775 million. The transaction, which is expected to close in the second quarter of 2026, marks Kirin’s exit from the American bourbon category after 24 years […]
UK: Pricecheck acquires personal care brands Harmony, Amplex and Rapport
Pricecheck, the Sheffield-based international wholesaler and distributor, has completed the acquisition of three heritage personal care brands to strengthen its position as a brand owner. The deal sees Pricecheck take full ownership of hair styling brand Harmony, deodorant and antiperspirant line Amplex, and the men’s fragrance Rapport. Having served as the exclusive distributor for these […]
India: Marico acquires majority stake in Cosmix
Marico, the Indian consumer goods giant, has announced it is to acquire a 60% stake in Cosmix Wellness, a digital-first functional wellness brand. The deal, valued at 226 crore INR ($25 million), implies an equity valuation of approximately 375 crore INR ($41.5 million) for the Bengaluru-based firm. Founded in 2019 by Vibha Harish and Soorya […]
UK: AG Barr acquires Fentimans, Frobishers for £51 million
AG Barr, the Scottish soft drinks manufacturer best known for Irn-Bru, has significantly expanded its portfolio with the acquisition of two premium British drinks brands, Fentimans and Frobishers, in separate deals worth a combined £51 million ($70 million). The Cumbernauld-based group paid approximately £38 million ($52 million) for Fentimans, the Hexham-based maker of botanically brewed […]
Spain: Adam Foods acquires Moroccan biscuit manufacturer Biscoland
Adam Foods, the Spanish food group behind brands such as Cuetara and Artiach, has completed the acquisition of Biscoland, the biscuit division of the Moroccan conglomerate Holmarcom Group, for an undisclosed sum. The transaction includes the ownership of Biscoland’s industrial assets, most notably a 13,000 sq m production facility in Bouskoura, south of Casablanca. The plant, […]
Brazil: Wickbold negotiates sale of Ta Pronto brand to Grupo Farina
Wickbold, the Brazilian bakery manufacturer which was acquired by Grupo Bimbo in September 2025, is in negotiations to sell its Ta Pronto! tortilla brand to Grupo Farina, the owner of the Pita Bread brand. The divestment is a direct response to conditions imposed by the Administrative Council for Economic Defense (CADE) following Bimbo’s acquisition of […]